

These numerous points at which money is withdrawn from circulation and accumulated in numerous individual hoards or potential money - capitals appears as so many obstacles to circulation, because they immobilise the money and deprive it of its capacity to circulate for a certain time.
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A circuit performed by a capital and meant to be a periodical process, not an individual act, is called its turnover. The duration of this turnover is determined by the sum of its time of production and its time of circulation.
Gold is now money with reference to all other commodities only because it was previously, with reference to them, a simple commodity.
The circulation of capital realizes value , while living labour creates value.
He who before was the money owner, now strides in front as capitalist; the possessor of labor-power follows as his laborer. The one with an air of importance, smirking, intent on business; the other hesitant, like one who is bringing his own hide to market and has nothing to expect but a hiding.
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